单项选择题

According to the passage, why do we have futures contracts

A．To take delivery of a given commodity.
B．To make the market against price fluctuations stable.
C．To ensure delivery of a given commodity at market prices.
D．To allow for some price certainty before a commodity is delivered.
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单项选择题
The main reason that futures are risky in the cattle industry is due to __________.
A．dropping prices of cattle
B．the uncertainty of the economy
C．insiders' manipulating the prices
D．price fluctuations in the price of cattle
单项选择题
Futures prices don't reflect the market price of cattle in that __________.
A．there is oversupply of futures
B．futures were overpriced previously
C．bigger companies with lower costs force down futures prices
D．big companies ensure that futures were higher than the price of cattle
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